About Quantum Source
Quantum Source is a company based in Rehovot (Israel) founded in 2021 by Oded Melamed and Gil Semo. Quantum Source has raised $77 million across 3 funding rounds from investors including Eclipse, Standard Investments and Level Ventures. Quantum Source offers products and services including Photonic Quantum Computer and Cavity QED System. Quantum Source operates in a competitive market with competitors including PsiQuantum, Atom Computing, Quandela, Quanfluence and QuiX Quantum, among others.
- Headquarter Rehovot, Israel
- Founders Oded Melamed, Gil Semo
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$77 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series A
Sep 10, 2024
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Investors
Eclipse
& 7 more
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Employee Count
Not available
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Products & Services of Quantum Source
Quantum Source offers a comprehensive portfolio of products and services, including Photonic Quantum Computer and Cavity QED System.
Enables fault-tolerant computing for complex algorithms and simulations.
Facilitates qubit generation and error correction in quantum devices.
People of Quantum Source
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Funding Insights of Quantum Source
Quantum Source has successfully raised a total of $77M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Quantum Source
Quantum Source has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Eclipse, Standard Investments and Level Ventures.
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Early-stage investments are made by Eclipse across multiple sectors.
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Level Ventures is engaged in investing in venture firms globally.
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Investor details for Quantum Source
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Investments & Acquisitions by Quantum Source
Investment portfolio details for Quantum Source
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Financial Statements - Quantum Source
Detailed financials for Quantum Source
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Quantum Source Comparisons
Peer comparison for Quantum Source
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Competitors of Quantum Source
Quantum Source operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PsiQuantum, Atom Computing, Quandela, Quanfluence and QuiX Quantum, among others.
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Photon-based universal quantum computers are developed for error correction.
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Universal quantum computers are developed using optically trapped neutral atoms.
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Quantum photon sources for qubits are developed by the company.
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Quantum computing systems and photonics-based solutions are developed and provided.
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Photon-powered quantum computing processors are designed and developed.
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Detailed competitors of Quantum Source
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Latest news on Quantum Source
Complete news archive for Quantum Source
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Frequently Asked Questions about Quantum Source
Quantum Source was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Quantum Source is headquartered in Rehovot, Israel. It is registered at Rehovot, Central District, Israel.
Oded Melamed is the current CEO of Quantum Source. They have also founded this company.
Quantum Source is a funded company, having raised a total of $77M across 3 funding rounds to date.
Quantum Source was founded in 2021 in Rehovot, Israel, within the quantum computing sector. Large-scale error-corrected quantum systems using qubits are developed and provided to users. Photonic quantum computers are featured, along with applications focused on practical implementations. Operations center on advancing qubit-based technologies for scalable computing solutions.
Quantum Source's top competitors include PsiQuantum, Atom Computing and Quandela.
Quantum Source offers Photonic Quantum Computer and Cavity QED System.
Quantum Source has 8 investors. Key investors include Eclipse, Standard Investments, Level Ventures, Canon Equity, and Dell Technologies Capital.